Plan Ledger DOL Form 5500 · updated monthly

Gwp Holdings LLC401(k)

GWP 401(K) PROFIT SHARING RETIREMENT PLAN · SUMNER, WA · plan year 2024

Reported admin expense ratio · 2024
0.36%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Gwp Holdings LLC reported $128,164 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,505 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.02% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 433rd-largest of 1,714 plans among Washington employers on file, and the 1,079th of 4,246 in wholesale trade. In 2024, employees put in $4.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,289,574
Participants with balances749
Active participants534
Employer contributions$803,810
Employee contributions$3,465,185
Employer contribution per active participant$1,505
Average account balance$51,121
Benefits paid to participants$4,317,871
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.3M · 749 accts · $804K emplr
2023$33.4M · 777 accts · $929K emplr
2022$27.2M · 714 accts · $750K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,992
Investment management$52,172
Total administrative$128,164
The Gwp Holdings LLC 401(k) match · 2024
Employer contribution per active participant$1,505
Median for plans this size$2,416
2024$1,505 per active participant
2023$1,612 per active participant
2022$1,434 per active participant

Gwp Holdings LLC's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$75,992
LPL FINANCIAL LLC · Investment advisory (plan)$52,172

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$128,164 · 0.36%
2023Not separately reported
2022$5,519 · 0.02%
Same employer
Similar plansWholesale Trade · Washington
Bda, LLC WA$48.7M · 0.44%
United Grain Corporation WA$42.1M · 0.11%
Pac Worldwide Corporation WA$37.4M · 0.32%
Tumac Lumber Co., Inc. WA$37.2M · 0.23%
Manke Lumber Company WA$36.1M · 0.13%
Yaculta Companies, Inc. WA$34.7M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203785326 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.